BIL Vyapar Limited Announces Statutory Auditor Name Change Following Merger

1 min read     Updated on 27 Mar 2026, 12:12 AM
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AI Summary

BIL Vyapar Limited has announced that its statutory auditor V P Thacker and Co merged with Lodha & Bhatt, Chartered Accountants effective January 28, 2026, forming TLB & Co, Chartered Accountants. The company, formerly Binani Industries Limited and currently under CIRP, notified BSE, NSE, and Calcutta Stock Exchange on February 18, 2026, in compliance with Regulation 30. This change maintains continuity in audit services while reflecting the merged entity's new corporate structure.

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BIL Vyapar Limited has notified stock exchanges regarding a change in the name of its statutory auditor following a merger between audit firms. The company, formerly known as Binani Industries Limited and currently operating under Corporate Insolvency Resolution Process (CIRP), made this disclosure in compliance with Regulation 30 requirements.

Auditor Merger Details

The company informed that V P Thacker and Co, its statutory auditor, has merged with Lodha & Bhatt, Chartered Accountants effective January 28, 2026. Following this merger, the combined entity now operates under the name TLB & Co, Chartered Accountants.

Parameter: Details
Previous Auditor Name: V P Thacker and Co
Merger Partner: Lodha & Bhatt, Chartered Accountants
New Entity Name: TLB & Co, Chartered Accountants
Effective Date: January 28, 2026
Intimation Date: February 18, 2026

Regulatory Compliance

BIL Vyapar Limited communicated this development to multiple stock exchanges where its shares are listed. The notification was sent to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on February 18, 2026.

Exchange: Trading Symbol/Code
BSE Limited: 500059
NSE: BILVYAPAR
Calcutta Stock Exchange: 12026

The intimation was signed by Daman Preet Kaur, Company Secretary cum Compliance Officer, and references an earlier communication dated February 13, 2026. This disclosure ensures transparency regarding changes in the company's statutory auditor arrangement and maintains compliance with regulatory requirements for listed companies.

Historical Stock Returns for Bil Vyapar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%-2.67%-24.89%-61.25%-51.10%-55.26%

How might the auditor merger affect the timeline and outcome of BIL Vyapar's ongoing Corporate Insolvency Resolution Process?

Will the new audit firm TLB & Co bring different expertise or approach that could impact the company's financial restructuring strategy?

What are the potential implications for creditors and resolution applicants given this change in statutory auditor during the CIRP?

BIL Vyapar Limited Appoints Ms. Daman Preet Kaur as Company Secretary cum Compliance Officer

1 min read     Updated on 19 Feb 2026, 07:00 PM
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BIL Vyapar Limited has appointed Ms. Daman Preet Kaur as Company Secretary cum Compliance Officer and Key Managerial Personnel, effective February 13, 2026. The appointment was approved by the Committee of Creditors and her acceptance was received on February 19, 2026. Ms. Kaur is a qualified Company Secretary from ICSI with ACS number A41941. The company, currently under CIRP and managed by Resolution Professional Ms. Rachana Jhunjhunwala, made this disclosure to BSE, NSE, and Calcutta Stock Exchange in compliance with SEBI Listing Regulations.

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BIL Vyapar Limited has announced a key management appointment, naming Ms. Daman Preet Kaur as its new Company Secretary cum Compliance Officer and Key Managerial Personnel. The appointment, effective from February 13, 2026, represents an important step in the company's ongoing corporate restructuring process.

Appointment Details

The Committee of Creditors approved Ms. Kaur's appointment during their meeting held on February 13, 2026. Her formal acceptance of the position was received on February 19, 2026. The company disclosed this information to stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter Details
Name Ms. Daman Preet Kaur
Position Company Secretary cum Compliance Officer
Appointment Date February 13, 2026
Acceptance Date February 19, 2026
Qualification Company Secretary (ACS: A41941)
Occupation Service

Professional Background

Ms. Daman Preet Kaur brings professional credentials to her new role as a qualified Company Secretary from the Institute of Company Secretaries of India, holding ACS number A41941. Her appointment fills a crucial compliance and secretarial function for the company during its current phase of operations.

Corporate Status

BIL Vyapar Limited, formerly known as Binani Industries Limited, is currently operating under the Corporate Insolvency Resolution Process (CIRP). The company is being managed by Resolution Professional Ms. Rachana Jhunjhunwala, who holds IBBI registration number IBBI/IPA-OOI/IP-P00389/2017-18/10707.

Regulatory Compliance

The appointment disclosure was made to multiple stock exchanges where the company's securities are listed:

  • BSE Limited: Scrip Code 500059
  • National Stock Exchange of India Limited: Symbol BILVYAPAR
  • The Calcutta Stock Exchange Limited: Code 12026

The disclosure follows SEBI Master Circular requirements and was made pursuant to SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full regulatory compliance for the change in key managerial personnel.

Historical Stock Returns for Bil Vyapar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%-2.67%-24.89%-61.25%-51.10%-55.26%

More News on Bil Vyapar

1 Year Returns:-51.10%